Nonprofits›Music Box Foundation

Arts, Culture & Humanities

Music Box Foundation

CHICAGO, IL

Website

Total revenue

$192K

Total expenses

$187K

Net assets

$19K

Grants received

$97K

9 grants

EIN

263042670

Tax year

2024

Mission

Music Box Foundation is a 501(c)3 nonprofit organization dedicated to crafting programs that provide students with valuable opportunities to receive training in music and the arts. Our programs provide instrumental instruction, majorette style dance, audio recording and video recording technology training, mentoring and workforce development to children, youth and young adults in chicagoland areas.

Financials

FY 2024

Revenue

Contributions & grants$52K
Program service revenue$140K
Investment income—
Other revenue—
Total revenue$192K

Expenses

Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$87K
Total expenses$187K
Total assets$19K
Net assets$19K

People

6 listed

NameRoleCompensation

VERNON LLOYD SR

CEO

Board

$56K

40 hrs/wk

BEVERLY LLOYD

SECRETARY

Board

$8K

30 hrs/wk

KIJUANA CARTER

TREASURER

Board

$2K

30 hrs/wk

WARLETTA BROOKINS

DIRECTOR

Board

—

20 hrs/wk

DR SHERRY HAYNES

DIRECTOR

Board

—

20 hrs/wk

VERON LLOYD JR

DIRECTOR

Board

—

30 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
GREATER AUBURN GRESHAM
$15K
GENERAL OPERATIONS
2024
UNITED WAY OF METROPOLITAN CHICAGO INC
$6K
PROGRAM SUPPORT
2024
Origami Works Foundation
$13K
Support for (2)First Gen Interns
2023
The Chicago Community Trust
$8K
General support for programs, operations and other charitable purposes
2023
THE LEWIS PRIZE FOUNDATION INC
$1K
FUND MUSIC EDUCATION
2023
The Chicago Community Trust
$13K
for gap programming in the month of August and Labor Day provide enrichment opportunities and community building supports for children and youth., For programming to build community cohesion through the Chicago Fund for Safe and Peaceful Communities.
2022
The Chicago Community Trust
$16K
To provide programming to build community cohesion through the Chicago Fund for Safe and Peaceful Communities.
2021
The Chicago Community Trust
$16K
To provide programming to build community cohesion through the Chicago Fund for Safe and Peaceful Communities.
2021
Chicago Housing Consulting Services Inc
$10K
—
2021

Funded by

$97K from 6 funders · 9 grants · 2021–2024

The Chicago Community Trust

$53K · 4 grants · 2021–2023

Greater Auburn Gresham

$15K · 1 grant · 2024

Origami Works Foundation

$13K · 1 grant · 2023

The Lewis Prize Foundation Inc

$1K · 1 grant · 2023

Details

EIN263042670
NTEE codeA68
Subsection03
Ruling date2015-08
MUSIC BOX FOUNDATION — Mission, Financials & Grants Received | Grantivo